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Nasdaq Record Shows AI Winners and Disrupted Sectors Diverging

A record Nasdaq close masked sharp divergence between AI infrastructure winners and consumer platforms facing disruption from autonomous personal agents.

By TLA AI Editor3 min read

New York, 23 September 2026 – The Nasdaq Composite closed at a record as semiconductor shares rallied, while consumer-facing companies exposed to artificial-intelligence disruption moved in the opposite direction. The index gained 0.45% to 27,244.28 points, the S&P 500 was nearly unchanged at 7,764.64 and the Dow Jones Industrial Average fell 0.36% to 51,863.69.

Micron Technology rose 5% and Sandisk added almost 7%, extending gains among companies positioned to supply the computing and storage needed for advanced AI systems. Investor attention centred on strong early adoption of Meta’s Muse personal agent, which can send emails and complete transactions. The product’s reception reinforced expectations for continued demand across the AI infrastructure chain.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.